Income & Economy in Knoxville city, TN (37916)
Median Income
$17,982
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+524
Wealth inflow
Population
14,771
Unemployment
4.4%
0.7pp above US avg
IRS migration statistics show a net inflow of about 524 for ZIP 37916 (Knoxville city, TN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 37916 (2020–Present)
Since 2020, population grew 7.7%, median income fell 31.9% (inflation-adjusted), home values decreased 4.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $17,982 |
| Unemployment | 4.4% |
| Establishments | 185 |
| Employees | 6,486 |